Microsoft beat quarterly estimates as strong Azure cloud growth and rising AI adoption boosted revenue, earnings and guidance, while growing Copilot usage and improving AI returns strengthened investor confidence in its long-term outlook.Read More

The Bank of England is expected to hold its benchmark interest rate at 3.75% as policymakers assess inflation risks from geopolitical tensions, energy prices and a slowing labour market. Investors will track the central bank’s guidance on future rate moves.Read More

ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitability. While the FMCG business is likely to deliver healthy growth, brokerages expect pressure from cigarettes and the agri segment to drag overall revenue, EBITDA and profit.Read More

Mahindra and Mahindra (M&M) on Thursday reported 7% year-on-year (YoY) growth in its standalone net profit at Rs 3,685 crore.Read More

South Korea’s regulators have announced new curbs on leveraged ETFs after a sharp market selloff erased over $2 trillion in KOSPI market value. Analysts, however, believe the measures may not be enough to curb volatility and investor losses.Read More

Maruti Suzuki is expected to post strong Q1FY27 revenue growth of 31% YoY, driven by robust volumes and better realisations. However, the average estimates of six brokerages point to a 7% decline in net profit as higher commodity costs, increased discounts and lower other income weigh on margins. Investors will closely watch management commentary on...Read More

The AI-driven rally in US equities is showing signs of broadening as investors rotate away from megacap technology stocks into sectors such as healthcare and financials. While the Magnificent Seven remain crucial to the S&P 500’s direction, improving market breadth and stronger participation from mid- and small-cap stocks suggest a healthier, more diversified bull market.Read More

China’s equity markets tumbled on Thursday as a global selloff in AI-linked stocks triggered steep declines in semiconductor and optical transceiver shares. While technology stocks came under heavy pressure amid valuation concerns, investors shifted towards defensive sectors such as consumer staples, liquor producers and banks.Read More

Madhusudan Kela-led Singularity Equity Fund I acquired 5.27 lakh shares of TIL through a bulk deal worth Rs 11.78 crore. The PMS fund bought the shares at an average price of Rs 223.72 apiece, around 15% below the stock’s closing price of Rs 262.48 on Wednesday.Read More

Indo-MIM shares debuted at nearly a 45% premium over the IPO price, delivering strong listing gains to investors. While experts remain positive about the company’s long-term growth prospects, they recommend partial profit-booking after the sharp rally, citing rich valuations and the possibility of near-term consolidation.Read More